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Benefits of Repaying Quicker
bilko89
Posts: 194 Forumite
Hi,
My credit file doesn't look healthy at all due to missed payments and defaults but the last year I have been tackling these and have repayment plans set up for everyone.
My question is that I agreed these arrangements based on snowballing the repayments, but a couple are now at fairly low balances (£100 or so).
Would I be better still paying my arrangements on these or if I can afford to ( which I think I can) pay these couple of smaller balances off in the next couple of months? Would that look better on my credit file?
My credit file doesn't look healthy at all due to missed payments and defaults but the last year I have been tackling these and have repayment plans set up for everyone.
My question is that I agreed these arrangements based on snowballing the repayments, but a couple are now at fairly low balances (£100 or so).
Would I be better still paying my arrangements on these or if I can afford to ( which I think I can) pay these couple of smaller balances off in the next couple of months? Would that look better on my credit file?
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